Rockwell Medical SVP granted 15,000 stock units
Chole Timothy reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chole Timothy reported acquisition or exercise transactions in this Form 4 filing.
ROCKWELL MEDICAL, INC. granted SVP and CCO Timothy Chole 15,000 shares of Common Stock as a compensation award, recorded at $0.00 per share. These restricted stock units vest in three equal installments on the first, second and third anniversaries of July 1, 2026, contingent on his continued service.
The company effected a 1-for-10 reverse split of its common stock effective at 12:01 AM on July 1, 2026. Following the grant and split adjustment, Chole beneficially owns 27,285 shares of Rockwell Medical common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 15,000 shares
Grant/Award
1 txn
Insider
Chole Timothy
Role
SVP and CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,285 shares (Direct)
Footnotes (2)
- F1. Restricted stock units ("RSUs") vest in three equal installments on the first, second and third anniversaries of July 1, 2026, subject to the Reporting Person's continued service to the Issuer.
- F2. Effective at 12:01 AM on July 1, 2026, the Issuer effected a 1-for-10 reverse split of the Issuer's common stock resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments were made to the Issuer's outstanding equity awards. Accordingly, the shares listed under Amount of Securities Beneficially Owned Following Reported Transaction(s) reported in this Form 4 have been adjusted to reflect the 1-for-10 reverse split.
Key Figures
Stock grant size: 15,000 shares
Grant price: $0.00 per share
Post-transaction holdings: 27,285 shares
+2 more
5 metrics
Stock grant size
15,000 shares
Common Stock grant to Timothy Chole on July 1, 2026
Grant price
$0.00 per share
Compensation award, not open-market purchase
Post-transaction holdings
27,285 shares
Shares beneficially owned following reported transaction(s)
Reverse split ratio
1-for-10
Reverse split effective 12:01 AM on July 1, 2026
Vesting schedule
3 equal installments
RSUs vest on 1st, 2nd, 3rd anniversaries of July 1, 2026
Key Terms
Restricted stock units ("RSUs"), reverse split, equity awards, Amount of Securities Beneficially Owned Following Reported Transaction(s)
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") vest in three equal installments"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
reverse split financial
"the Issuer effected a 1-for-10 reverse split of the Issuer's common stock"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
equity awards financial
"proportionate adjustments were made to the Issuer's outstanding equity awards"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
Amount of Securities Beneficially Owned Following Reported Transaction(s) financial
"the shares listed under Amount of Securities Beneficially Owned Following Reported Transaction(s)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rockwell Medical (RMTI) disclose about Timothy Chole in this Form 4?
Rockwell Medical reported a stock grant to SVP and CCO Timothy Chole. He received 15,000 shares of common stock as a compensation award, with the filing also updating his post-transaction holdings and reflecting a recent 1-for-10 reverse stock split.
When do Timothy Chole’s Rockwell Medical (RMTI) RSUs vest?
The RSUs vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of July 1, 2026, provided Chole continues to serve the company, aligning the award with ongoing executive service and retention objectives.
How did Rockwell Medical’s (RMTI) 1-for-10 reverse split affect this Form 4?
The reverse split reduced the number of shares outstanding and adjusted awards. Effective July 1, 2026, the 1-for-10 reverse split led to proportionate changes to outstanding equity awards, including the amount of securities beneficially owned reported for Timothy Chole.
Was Timothy Chole’s Rockwell Medical (RMTI) transaction an open-market buy or sale?
No, it was a compensation grant rather than a market trade. The Form 4 shows transaction code “A” for a grant, award, or other acquisition at $0.00 per share, indicating stock-based compensation instead of an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
